October 22, 2015A Dissection of Mutual Fund Fees, Flows and Performance, independent research prepared by Professor Douglas Cumming, Ontario Research Chair at the Schulich School of Business at York University, along with coauthors Sofia Johan and Yelin Zhang, also from the Schulich School of Business. The research was commissioned by the CSA to assess whether sales and trailing commissions influence mutual fund sales: A Dissection of Mutual Fund Fees, Flows and Performance(2,037 KB PDF)

November 10, 2014Request underway to investment fund managers for mutual fund fees data - Working on behalf of the Canadian Securities Administrators (CSA), independent third party research is now underway to assess the impact of commissions and embedded fees on mutual fund flows. Requests have been sent to all Investment Fund Managers offering public mutual funds across Canada for data, which will inform the CSA's examination of the current mutual fund fee structure: CSA Letter to Investment Fund Managers(192 KB PDF) and Mutual Fund Fees Research Data Request( 48 KB PDF).